Consumer Cyclical

Consumer Cyclical news section.
17.Sep.21 7:01 PM

U.K. food sector hit by CO2 shortage, meat industry warns

Bloomberg - The fallout from Europe s energy crisis is sending fresh shockwaves into U.K. food sector after online grocer Ocado Group plc stopped supplying frozen items to customers and the meat industry warned that businesses could grind within two weeks.
17.Sep.21 6:26 PM

Walgreens to give $1,250 to pharmacists

Reuters - Walgreens Boots Alliance Inc will give a one-time bonus of $1,250 to its full-time pharmacists and $1:000 to part time pharmacists, the drugstore chain said on Friday as major retailers try to retain people amid intense labor shortage.
17.Sep.21 5:41 PM

Amazon takes on Teamsters in Canada, says it will fight back

Bloomberg - but beating back its highest-profile challenge to date from organized labor in Canada, Inc. is now confronting a concerted union campaign in the United States, where labor laws are much friendlier to unions than federal labor laws.
17.Sep.21 4:35 PM

Dutch Bros, the coffee chain, takes a break from IPO

Vermont-based coffee chain Dutch Bros BroBS hit critical on Friday, taking a breather after a breathtaking post-initial public offering IPO which saw the stock reach double gains two days in a row.
17.Sep.21 2:50 PM

Macau investors were lulled into a false sense of security, says expert

U.S. gaming stocks remain in the red in light of rising government scrutiny over gambling industry in Macau, and one expert told Yahoo Finance that the sell-off made indicates how investors were slow to grasp how China operates.
17.Sep.21 2:16 PM

Pennsylvania liquor rationing in response to supply shortages

The Pennsylvania State-run liquor system will begin rationing of a few dozen products on Friday in response to what it describes as supply shortages beyond its control.
17.Sep.21 7:45 AM

Ford's exit from India marks the end of an Indian dream

In 1991, the economy was liberalized, the government welcomed investors and the middle class was expected to fuel a consumption frenzy. Arguably, rising disposable income would help foreign carmakers to gain a market share of as much as 10%, forecasters said.